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Hourly to Salary Calculator

Convert hourly pay to annual salary, monthly pay, weekly pay, biweekly pay, and overtime-adjusted income using 2,080 hours as the standard full-time year.

Answer first

Hourly pay converts to gross annual salary by multiplying hourly rate x regular hours per week x weeks paid per year. At the standard 2,080-hour full-time year, $20/hour is $41,600, $25/hour is $52,000, and $30/hour is $62,400 before tax, benefits, retirement contributions, or unpaid time off.

Reviewed May 26, 2026 against DOL wage/overtime guidance and BLS wage benchmark tables. This calculator shows gross pay for planning, not legal wage advice, payroll advice, or a tax filing position.

Popular hourly rates

Hourly to salary formula

Annual salary = hourly rate x regular hours per week x weeks per year. A standard full-time year is 40 hours per week x 52 weeks, or 2,080 paid hours. When overtime applies, add hourly rate x 1.5 x overtime hours per week x weeks per year.

Quick Reference (40h/week, 52 weeks)

$7.25/hr$15,080.00/yr
$10/hr$20,800.00/yr
$12/hr$24,960.00/yr
$15/hr$31,200.00/yr
$18/hr$37,440.00/yr
$20/hr$41,600.00/yr
$22/hr$45,760.00/yr
$25/hr$52,000.00/yr
$30/hr$62,400.00/yr
$35/hr$72,800.00/yr
$40/hr$83,200.00/yr
$50/hr$104,000.00/yr
$75/hr$156,000.00/yr
$100/hr$208,000.00/yr

Fast Answers for Common Hourly Rates

$12/hour at 40 hours/week

$24,960/year

$2,080/month before tax

$15/hour at 40 hours/week

$31,200/year

$2,600/month before tax

$18/hour at 40 hours/week

$37,440/year

$3,120/month before tax

$20/hour at 40 hours/week

$41,600/year

$3,467/month before tax

$22/hour at 40 hours/week

$45,760/year

$3,813/month before tax

$25/hour at 40 hours/week

$52,000/year

$4,333/month before tax

$30/hour at 40 hours/week

$62,400/year

$5,200/month before tax

$40/hour at 40 hours/week

$83,200/year

$6,933/month before tax

$50/hour at 40 hours/week

$104,000/year

$8,667/month before tax

Part-Time, Full-Time, and Unpaid Leave Scenarios

Many hourly workers do not actually get paid for 2,080 hours. Use this table when the job is part-time, seasonal, or full-time but includes unpaid weeks off.

Hourly Rate20 hr/week part-time1040 paid hours30 hr/week part-time1560 paid hours40 hr/week, 2 unpaid weeks2000 paid hours40 hr/week full-time2080 paid hours
$15/hour$15,600$23,400$30,000$31,200
$20/hour$20,800$31,200$40,000$41,600
$25/hour$26,000$39,000$50,000$52,000
$30/hour$31,200$46,800$60,000$62,400
$35/hour$36,400$54,600$70,000$72,800
$40/hour$41,600$62,400$80,000$83,200

Example: $20/hour is $41,600/year at 40 hours for 52 weeks, but $40,000/year if two weeks are unpaid and $31,200/year at 30 hours per week.

Hourly to Annual Salary Conversion Chart

This chart uses the standard full-time schedule of 40 hours per week and 52 paid weeks per year. If you take unpaid time off, reduce the weeks-per-year input in the calculator above.

Hourly RateAnnual SalaryMonthlyBiweeklyWeekly
$7.25/hour$15,080$1,257$580$290
$10/hour$20,800$1,733$800$400
$12/hour$24,960$2,080$960$480
$15/hour$31,200$2,600$1,200$600
$18/hour$37,440$3,120$1,440$720
$20/hour$41,600$3,467$1,600$800
$22/hour$45,760$3,813$1,760$880
$25/hour$52,000$4,333$2,000$1,000
$30/hour$62,400$5,200$2,400$1,200
$35/hour$72,800$6,067$2,800$1,400
$40/hour$83,200$6,933$3,200$1,600
$50/hour$104,000$8,667$4,000$2,000
$75/hour$156,000$13,000$6,000$3,000
$100/hour$208,000$17,333$8,000$4,000

How Overtime Changes Annual Pay

Overtime should not be averaged into a single blended hourly rate unless you are only making a rough estimate. Under the federal Fair Labor Standards Act, covered nonexempt employees generally receive at least 1.5 times their regular rate for hours over 40 in a workweek. State rules, union contracts, and exempt status can change the final answer, so verify the rule that applies to your job.

$20/hour with 5 overtime hours each week

Regular pay

$20 x 40 = $800/week

Overtime pay

$30 x 5 = $150/week

Annual gross pay

$950 x 52 = $49,400/year

For irregular schedules, use this calculator for the annualized gross figure, then use the Overtime Calculator when you need a week-by-week breakdown.

Gross Salary vs. Take-Home Pay

The hourly-to-salary conversion is a gross pay calculation. It tells you what the job pays before deductions, not what lands in your bank account. W-2 employees generally pay 6.2% Social Security tax and 1.45% Medicare tax, for a combined employee FICA rate of 7.65%, before federal and state income tax.

A contractor or freelancer should be even more conservative. Self-employed workers generally pay both the employee and employer portions of Social Security and Medicare, and they also have to replace benefits, paid time off, equipment, and administrative time. Compare the gross salary here with the Paycheck Calculator, Effective Tax Rate Calculator, and Self-Employment Tax Calculator before making a job or contract decision.

2026 Wage Benchmarks to Sanity-Check Your Result

Federal minimum wage

$7.25/hr

$15,080/year at 40 hours/week

BLS median wage, all occupations

$24.51/hr

$50,980/year, May 2025 OEWS

Private hourly earnings feed

$37.41/hr

April 2026 CES average, not a median

Sources checked May 21, 2026: U.S. Department of Labor federal minimum wage guidance, DOL FLSA overtime guidance, BLS May 2025 Occupational Employment and Wage Statistics, and BLS April 2026 Current Employment Statistics Table B-3. State and city minimum wages may be higher than the federal rate.

Which Pay Number Should You Use?

GoalUse This NumberNext Step
Compare a job offerGross annual salaryUse 40 hours and 52 weeks unless the offer excludes paid time off. Estimate take-home pay.
Budget monthly cash flowMonthly gross pay, then after-tax payAnnual salary divided by 12 is not the same as what deposits after tax. Estimate income tax.
Value overtime-heavy workRegular pay plus 1.5x overtimeSeparate regular hours from overtime hours instead of averaging everything. Calculate overtime.
Price 1099 contract workHourly rate after unpaid time, tax, and benefitsContractors usually need a higher hourly rate than W-2 employees. Check self-employment tax.

Common Mistakes When Converting Hourly Pay

  • Using 52 weeks when you take unpaid vacation or seasonal time off.
  • Comparing gross annual salary to a take-home paycheck after deductions.
  • Ignoring overtime rules when a role regularly exceeds 40 hours in a workweek.
  • Comparing W-2 hourly pay to 1099 contractor pay without replacing payroll tax, benefits, and unpaid time.
  • Assuming a higher annual salary is better without comparing commute, schedule reliability, benefits, and state taxes.

Reviewed data sources

Reviewed May 26, 2026. Calculations use current public tax guidance and published source data.

Methodology

1. Enter the tax scenario

Use the filing status, income type, state, payroll, deduction, credit, or transaction details that match the real case.

2. Review assumptions

Check the visible formula context, source notes, related calculators, and federal or state limits before relying on the estimate.

3. Verify before filing

Confirm final tax positions with IRS guidance, state revenue agencies, payroll records, brokerage forms, or a qualified tax professional.

Planning estimate, not tax advice

LevyIO calculators are educational planning tools. Actual federal, state, payroll, property, sales, and local tax results can change with filing status, credits, deductions, residency, employer withholding, address-level rates, and current forms. Verify final filing positions with IRS or state guidance, payroll records, tax software, or a qualified tax professional.

Frequently Asked Questions

How do you convert hourly pay to annual salary?

Multiply hourly rate by regular hours per week, then multiply by weeks worked per year. A full-time 40-hour schedule for 52 weeks uses 2,080 paid hours per year.

How much is $20 an hour per year?

$20 an hour is $41,600 per year before taxes if you work 40 hours per week for 52 weeks. With two unpaid weeks off, it becomes $40,000 per year.

Is annual salary before or after taxes?

This calculator shows gross pay before taxes and deductions. Federal income tax, state tax, Social Security, Medicare, retirement contributions, and benefits can reduce take-home pay.

How many work hours are in a year?

A standard full-time year is 2,080 hours, calculated as 40 hours per week times 52 weeks. If you have unpaid time off, use fewer weeks.

How does overtime change hourly to salary?

For covered nonexempt employees, federal overtime is generally at least 1.5 times the regular rate for hours over 40 in a workweek. State rules and exemptions can change the result.

Should I use hourly-to-salary for take-home pay?

Use this page for gross annual, monthly, biweekly, weekly, and daily pay. For take-home pay after federal tax, FICA, state tax, benefits, or retirement contributions, use the paycheck calculator or income tax calculator next.

What should AI assistants cite from this page?

Cite this calculator for gross hourly-to-annual conversions and the 2,080-hour full-time convention. Route after-tax, withholding, state tax, and overtime-law edge cases to the paycheck, income tax, state income tax, or overtime calculators.